Spending versus saving: COVID-19 crisis through the lens of consumers

dc.contributor.authorVeselovská, Lenka
dc.contributor.authorZimermanová, Katarína
dc.date.accessioned2026-04-24T06:14:27Z
dc.date.available2026-04-24T06:14:27Z
dc.date.issued2025
dc.descriptionIn: Leadership, innovation, management and economics: Integrated politics of research : 10th International scientific-business conference LIMEN 2024 : conference proceedings. 1. vyd. Belehrad : Association of Economists and Managers of the Balkans, 2025. ISBN 978-86-80194-92-9. ISSN 2683-6149. Pp. 527-534.
dc.description.abstractThe COVID-19 pandemic showed that people significantly alter their consumer behavior during adverse events, with serious implications for their tendencies to create savings. A survey was conducted on a sample of 1172 Slovak consumers to collect data on consumers’ experiences during various years of the pandemic. The findings of this research study show that the majority of consumers decreased their savings. This trend was observed especially in younger generations of consumers. The dependence between savings creation and fear of job loss was proven as medium. It was also discovered that older generations of consumers were spending more on daily consumption goods, especially in 2021. The finding that younger consumers spend less and buy fewer products could be an indication of a major turn towards sustainable consumption that will have positive implications on societies and the environment.
dc.description.sponsorshipVEGA 1/0134/22 Zmeny v spotrebiteľskom správaní vplyvom pandémie COVID-19 za účelom predikcie jeho vývoja
dc.identifier.doihttps://doi.org/10.31410/LIMEN.2024.527
dc.identifier.isbn978-86-80194-92-9
dc.identifier.issn2683-6149
dc.identifier.urihttps://repo.umb.sk/handle/123456789/1404
dc.language.isoen
dc.publisherAssociation of Economists and Managers of the Balkans : Belehrad
dc.rightsCC BY-NC Creative Commons Attribution-NonCommercial 4.0. International
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nc/4.0/
dc.subjectcovid-19
dc.subjectkoronavírus
dc.subjectCovid-19 (disease)
dc.subjectSARS-CoV-2 disease
dc.subjectCoronavirus disease 2019
dc.subjectspotrebiteľské správanie
dc.subjectsprávanie spotrebiteľov
dc.subjectnákupné správanie
dc.subjectconsumer behavior
dc.subjectconsumer behaviour
dc.subjectshopping behaviour
dc.subjectúspory
dc.subjectsaving and investment
dc.subjectnákupy
dc.subjectpríjem domácností
dc.titleSpending versus saving: COVID-19 crisis through the lens of consumers
dc.typeArticle
dc.typeinfo:eu-repo/semantics/article

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